Pick of the Week, Listed by Redfin in NE DC
This attached row-house, listed by Redfin, is ideally located at 1313 Florida Avenue NE blocks from H Street and Union Market in NE DC.
This window-lined end unit boasts three (bedrooms), two (2) bathrooms, and nearly fourteen hundred (1,400) square feet of livable space. Its many features include: a finished basement, fresh interior and exterior paint, beautiful hardwood floors, and a separate dining room with accent lights and ceiling fans throughout.
Its finished basement includes separate rear entryway with kitchen and bathroom. Enjoy being near popular bars, restaurants, Whole Foods, metro, street car, public transit and much more. Its location earns the property a solid Walk Score 90.
It’s just on the market for $649,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $649,000 of $129,800, the mortgage amount would be $519,200. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $3,200 per month. If you were to rent out the basement for $1,000 per month, or net a similar amount on HomeSharing platforms like Airbnb, HomeAway, FlipKey, VBRO, or TripAdvisor Rentals, that would reduce the gross payment to $2,200 per month. After tax deductions, the net payment would be about $1,550 per month.
Lots of great listings in NE DC, listed by Redfin! Happy house hunting!